TC BioPharm Current Ratio vs. Beta
| TCBPW Stock | USD 0.01 0.0003 2.00% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.20004332 | Current Value 0.61 | Quarterly Volatility 0.28553416 |
For TC BioPharm profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TC BioPharm to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TC BioPharm plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TC BioPharm's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TC BioPharm plc over time as well as its relative position and ranking within its peers.
TCBPW |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TC BioPharm. If investors know TCBPW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TC BioPharm listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share (0.75) | Revenue Per Share 29.639 | Return On Assets (1.09) | Return On Equity (12.17) |
The market value of TC BioPharm plc is measured differently than its book value, which is the value of TCBPW that is recorded on the company's balance sheet. Investors also form their own opinion of TC BioPharm's value that differs from its market value or its book value, called intrinsic value, which is TC BioPharm's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TC BioPharm's market value can be influenced by many factors that don't directly affect TC BioPharm's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TC BioPharm's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC BioPharm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC BioPharm's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
TC BioPharm plc Beta vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TC BioPharm's current stock value. Our valuation model uses many indicators to compare TC BioPharm value to that of its competitors to determine the firm's financial worth. TC BioPharm plc is rated below average in current ratio category among its peers. It is rated below average in beta category among its peers totaling about 1.38 of Beta per Current Ratio. At this time, TC BioPharm's Current Ratio is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value TC BioPharm by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.TCBPW Beta vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
TC BioPharm |
| = | 0.18 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
TC BioPharm |
| = | 0.25 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
TCBPW Beta Comparison
TC BioPharm is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, TC BioPharm's returns are expected to increase less than the market. However, during the bear market, the loss of holding TC BioPharm is expected to be smaller as well.
TC BioPharm Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TC BioPharm, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TC BioPharm will eventually generate negative long term returns. The profitability progress is the general direction of TC BioPharm's change in net profit over the period of time. It can combine multiple indicators of TC BioPharm, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -83 K | -87.2 K | |
| Interest Income | 2 K | 1.9 K | |
| Operating Income | -14.2 M | -15 M | |
| Net Loss | -5.9 M | -6.2 M | |
| Income Before Tax | -7 M | -7.3 M | |
| Total Other Income Expense Net | 7.2 M | 7.6 M | |
| Net Loss | -5.9 M | -6.2 M | |
| Income Tax Expense | -1.1 M | -1 M | |
| Net Loss | (191.21) | (200.77) | |
| Income Quality | 1.79 | 2.50 | |
| Net Income Per E B T | 0.84 | 0.86 |
TCBPW Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TC BioPharm. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TC BioPharm position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TC BioPharm's important profitability drivers and their relationship over time.
Use TC BioPharm in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC BioPharm position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC BioPharm will appreciate offsetting losses from the drop in the long position's value.TC BioPharm Pair Trading
TC BioPharm plc Pair Trading Analysis
The ability to find closely correlated positions to TC BioPharm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC BioPharm when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC BioPharm - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC BioPharm plc to buy it.
The correlation of TC BioPharm is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC BioPharm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC BioPharm plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TC BioPharm can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your TC BioPharm position
In addition to having TC BioPharm in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for TCBPW Stock Analysis
When running TC BioPharm's price analysis, check to measure TC BioPharm's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC BioPharm is operating at the current time. Most of TC BioPharm's value examination focuses on studying past and present price action to predict the probability of TC BioPharm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC BioPharm's price. Additionally, you may evaluate how the addition of TC BioPharm to your portfolios can decrease your overall portfolio volatility.